Penn Enterprise Value Multiple from 2010 to 2024
| PENN Stock | USD 20.22 0.20 1.00% |
Enterprise Value Multiple | First Reported 2010-12-31 | Previous Quarter 36.05207896 | Current Value 37.85 | Quarterly Volatility 27.37296971 |
Check Penn National financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Penn National's main balance sheet or income statement drivers, such as Depreciation And Amortization of 456.9 M, Interest Expense of 487.9 M or Total Revenue of 6.7 B, as well as many indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 0.0 or PTB Ratio of 1.3. Penn financial statements analysis is a perfect complement when working with Penn National Valuation or Volatility modules.
Penn | Enterprise Value Multiple |
Latest Penn National's Enterprise Value Multiple Growth Pattern
Below is the plot of the Enterprise Value Multiple of Penn National Gaming over the last few years. It is Penn National's Enterprise Value Multiple historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Penn National's overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Multiple | 10 Years Trend |
|
Enterprise Value Multiple |
| Timeline |
Penn Enterprise Value Multiple Regression Statistics
| Arithmetic Mean | 17.33 | |
| Coefficient Of Variation | 157.97 | |
| Mean Deviation | 17.06 | |
| Median | 9.86 | |
| Standard Deviation | 27.37 | |
| Sample Variance | 749.28 | |
| Range | 118 | |
| R-Value | 0.50 | |
| Mean Square Error | 602.49 | |
| R-Squared | 0.25 | |
| Significance | 0.06 | |
| Slope | 3.08 | |
| Total Sum of Squares | 10,490 |
Penn Enterprise Value Multiple History
About Penn National Financial Statements
Penn National investors utilize fundamental indicators, such as Enterprise Value Multiple, to predict how Penn Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Multiple | 36.05 | 37.85 |
Pair Trading with Penn National
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Penn National position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Penn National will appreciate offsetting losses from the drop in the long position's value.Moving together with Penn Stock
Moving against Penn Stock
| 0.47 | ARKR | Ark Restaurants Corp | PairCorr |
| 0.43 | EJH | E Home Household | PairCorr |
| 0.39 | WING | Wingstop | PairCorr |
| 0.39 | SBET | Sharplink Gaming | PairCorr |
The ability to find closely correlated positions to Penn National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Penn National when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Penn National - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Penn National Gaming to buy it.
The correlation of Penn National is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Penn National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Penn National Gaming moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Penn National can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Penn National Correlation against competitors. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Penn National. If investors know Penn will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Penn National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.089 | Earnings Share (3.52) | Revenue Per Share 41.491 | Quarterly Revenue Growth 0.012 | Return On Assets (0.0008) |
The market value of Penn National Gaming is measured differently than its book value, which is the value of Penn that is recorded on the company's balance sheet. Investors also form their own opinion of Penn National's value that differs from its market value or its book value, called intrinsic value, which is Penn National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Penn National's market value can be influenced by many factors that don't directly affect Penn National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Penn National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penn National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penn National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.